Bank of America profit climbed about 3% from a year earlier to $7.12 billion, or 89 cents per share. Revenue climbed about 4% to $26.61 billion, below analysts' expectations. CEO Brian Moynihan pointed to the larger trends at his bank,

Rocket Lab is a leading launch services provider. Bank of America has upwardly revised its price target due, in part, to the potential of the company's Neutron rocket. Because it's an unprofitable company,

Consensus predictions indicate revenues of approximately $26.77 billion for the quarter, reflecting a 5.5% increase year-over-year, while earnings are expected to

Discover key insights from Bank of America's Q2 2025 earnings! Learn about record NII, robust growth, AI innovation, and efficient cost management.

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The company deployed automated coding tools to its 17,000 software developers, CEO Brian Moynihan said Wednesday.

Bank of America is working on launching a stablecoin, and investors can expect the lender to move forward with the cryptocurrency, CEO Brian Moynihan said on Wednesday, without giving a timeline. Stablecoins,

Cash levels dropped to 3.9% from 4.2%, triggering a sell signal on BofA’s proprietary trading model. This is the second sell signal prompted in the last week by BofA trading rules, after inflows to global equity and high-yield bonds exceeded 1% of assets under management over a four-week period.